Datamatics looks bullish in medium term.

in weekly chart, price bounced from horizontal support, trend line support. Also hidden bullish divergence found here.

At cmp - 111.85, tgt - 160.

تم فتح الصفقة:

today its up by 7.3%

تم فتح الصفقة:

till now 124.9

تم فتح الصفقة:

in daily, price approaching uptrend channel support.

تم إغلاق الصفقة يدويًا:

channel support broken, and price is in short term downtrend.

تعليق:

price came again to the support zone.

تم فتح الصفقة:

price bounced from support zone, closed at 105.80

تعليق:

price is showing strength after a long consolidation, now up trend is clear, and it is gaining momentum, In weekly, descending trend line broken here, few weeks back, recently big green candle formed and price closed above upper BB and upper BB is moving up.

Lesson learned : patience and conviction on own analysis is really important for wealth creation in stock market.

تعليق:

double bottom breakout with good volume
now retesting the breakout level pattern tgt is at 150

تعليق:

cmp - 146.45 double bottom tgt almost done here,

تعليق:

at cmp - 136.60, it has formed hidden bullish divergence in daily, also price took support at ascending lower BB, bounce back is likely